Fossil Group said on Thursday it would sell its intellectual property related to a smartwatch technology currently under development to Google for $40 million, sending the watchmaker’s shares up as much as 11 percent.

Fitbit Inc on Wednesday outpaced Wall Street estimates for quarterly results as its strategy of adding smartwatches to its product line got a boost in the second quarter with higher sales for ‘mass-appeal’ Versa.

Fossil Group shares soared 79 percent in early trading on Wednesday as short sellers rushed to cover their positions, a day after the watchmaker posted a better-than-expected increase in sales in the holiday quarter.

...Fossil Group said on Thursday it would sell its intellectual property related to a smartwatch technology currently under development to Google for $40 million, sending the watchmaker’s shares up as much as 11 percent.

...Kosta Kartsotis, CEO of the Fossil group. “Her ability to immerse herself in the brands, her vast experience in the accessories industry and her result-oriented management style will greatly strengthen the Fossil group." A graduate of Misso

...of Montanans who believe recreation on public lands is a priority, unlike Republicans in Congress who only serve the fossil fuel industry," he said. "He also knows something about living off the land – the only org...

...tech players with deeper pockets such as Apple Inc and Samsung Electronics.Versa smartwatch outsold Samsung, Garmin and Fossil smartwatches combined in North America in the quarter, Chief Executive Officer James Pa...

...the majority of its goals, including protecting 41 million square metres of habitat, making 55% of product packaging fossil fuel-free, and ensuring 70% of its ingredients are traceable and sustainable.The Body Shop...

...Karl Lagerfeld has announced a new licence with Swarovski. The ready-to-wear brand has entrusted its watch collection to Fossil since 2011 but, from autumn/winter 2019, the Austrian crystal company will take over. ...

...Fossil Group shares soared 79 percent in early trading on Wednesday as short sellers rushed to cover their positions, a day after the watchmaker posted a better-than-expected increase in sales in the holiday quarter.

...from a user standpoint.”The expansion signals the company’s investment offensive after its acquisition by watchmaker Fossil Group at the end of 2015 for $260 million.Misfit’s Ray is an activity and sleep tracker th...

...volcanic earth, inspired by his series "In the Night Garden."One of the star pieces of the project is the Lady Dior ‘Fossil Record' bag, which features a flower relief embossed into silver leather. The motif is des...

...e.g. polyester, produced from fossil-based raw materials," says Lena-Marie Jensen."If we can replace these with fibres that bind greenhouse gases, we get a double environmental effect by both reducing the fossil fuel use, while reducing green...

...index .SPXRT.The selling quickly spread in the sector as the outlook for brick-and-mortar retailers weakened. Shares of Fossil Group fell 29.1 percent, also following disappointing results and a worse-than-expected...

...to brand building and our strength in innovation.” Fossil fully embraced wearable technology and worked with Intel on a new Fossil Q line that launched last winter. In November 2015, Fossil acquired wearable technology innovator, Misfit,...

...Fossil Group said on Thursday it would sell its intellectual property related to a smartwatch technology currently under development to Google for $40 million, sending the watchmaker’s shares up as much as 11 percent.

...Kosta Kartsotis, CEO of the Fossil group. “Her ability to immerse herself in the brands, her vast experience in the accessories industry and her result-oriented management style will greatly strengthen the Fossil group." A graduate of Misso

...tech players with deeper pockets such as Apple Inc and Samsung Electronics.Versa smartwatch outsold Samsung, Garmin and Fossil smartwatches combined in North America in the quarter, Chief Executive Officer James Pa...

...Anthony Brimelow, commercial director at Duo UK, said: “The use of GreenPE avoids the need for plastic produced from finite fossil fuels which, as we know is a limited source. Plus, as the sugarcane grows it captur...

...Karl Lagerfeld has announced a new licence with Swarovski. The ready-to-wear brand has entrusted its watch collection to Fossil since 2011 but, from autumn/winter 2019, the Austrian crystal company will take over. ...

...connected devices.”Wearable devices enjoyed a boom a couple of years ago, with fashion and accessories brands including Fossil, Michael Kors and Kate Spade launching smartwatches, but had recently faded into the ba...

...Fossil Group said on Thursday it would sell its intellectual property related to a smartwatch technology currently under development to Google for $40 million, sending the watchmaker’s shares up as much as 11 percent.

...Kosta Kartsotis, CEO of the Fossil group. “Her ability to immerse herself in the brands, her vast experience in the accessories industry and her result-oriented management style will greatly strengthen the Fossil group." A graduate of Misso

...tech players with deeper pockets such as Apple Inc and Samsung Electronics.Versa smartwatch outsold Samsung, Garmin and Fossil smartwatches combined in North America in the quarter, Chief Executive Officer James Pa...